0486.HK - United Company RUSAL Plc

HKSE - HKSE Delayed Price. Currency in HKD
1.990
-0.030 (-1.49%)
At close: 3:59PM HKT
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Previous Close2.020
Open2.020
Bid1.980 x 0
Ask1.990 x 0
Day's Range1.960 - 2.020
52 Week Range1.310 - 6.360
Volume33,753,000
Avg. Volume78,533,819
Market Cap30.234B
Beta0.91
PE Ratio (TTM)3.18
EPS (TTM)0.625
Earnings DateN/A
Forward Dividend & Yield0.15 (8.36%)
Ex-Dividend Date2017-09-07
1y Target Est0.89
  • Rusal's Billionaire Founder Quits Non-Executive Director Role
    Bloomberg Videoyesterday

    Rusal's Billionaire Founder Quits Non-Executive Director Role

    May.24 -- Rusal's billionaire founder Oleg Deripaska has resigned as a non-executive director effective immediately. His decision follows Thursday's departure of the CEO and most of the board as the company tries to persuade Washington to lift sanctions. Bloomberg's Martin Ritchie reports on "Bloomberg Markets: Asia."

  • Rusal's CEO, Board Resign in Effort to End U.S. Sanctions
    Bloomberg Video2 days ago

    Rusal's CEO, Board Resign in Effort to End U.S. Sanctions

    May.24 -- Bloomberg’s Jason Kelly discusses leadership changes at Rusal. He speaks with Alix Steel and David Westin on "Bloomberg Daybreak: Americas."

  • Rusal Says Lenders Could Cut Ties From October
    Bloomberg Video2 days ago

    Rusal Says Lenders Could Cut Ties From October

    May.23 -- United Co. Rusal’s CEO Alexandra Bouriko resigned after less than three months in the role, as the Russian firm warned that trade partners and international lenders could cut ties with the company if U.S. sanctions aren’t lifted after Oct. 23. Bloomberg's Martin Ritchie reports on "Bloomberg Markets."

  • Reuters19 hours ago

    Putin says efforts to set up summit with Trump beset by problems

    President Vladimir Putin said on Friday that Russia was ready for dialogue with the United States, but that a proposed summit between him and U.S. President Donald Trump was not working out for now and was beset by problems. Trump said in March that the two leaders would meet soon, but since then already poor ties between Washington and Moscow have deteriorated further over the conflict in Syria and the poisoning of a former Russian spy in Britain. Speaking alongside French President Emmanuel Macron at an economic forum in St Petersburg, Putin said issues surrounding Iran, North Korea and fears of an arms race made it all the more important to hold a U.S.-Russia summit.

  • Reuters20 hours ago

    Russia's Putin: U.S. enforcement of own laws abroad unacceptable

    Russian President Vladimir Putin said on Friday it was unacceptable for the United States to apply its own rules beyond its borders. "We need to put an end to that, this is unacceptable," Putin ...

  • Reuters22 hours ago

    Putin says some countries using sanctions as part of trade policy

    Russian President Vladimir Putin said on Friday that some countries were using sanctions as part of their trade policy and complained that protectionism was on the rise globally. Putin, speaking at an ...

  • The Wall Street Journalyesterday

    [$$] Deripaska Quits Rusal Board as Metals Giant Looks for Sanctions Relief

    , resigned as president of Rusal earlier this year but had remained on the board as a non-executive director. Mr. Deripaska was among a handful of Russian tycoons, along with their corporate assets, that were targeted by the U.S. in April.

  • Sanctioned tycoon Deripaska resigns as director of his firm Rusal
    Reutersyesterday

    Sanctioned tycoon Deripaska resigns as director of his firm Rusal

    HONG KONG/ST PETERSBURG, Russia (Reuters) - Russian metals tycoon Oleg Deripaska stepped down as a director of his aluminium firm Rusal as part of a choreographed series of steps which he hopes will persuade the U.S. government to rescind sanctions that have crippled his businesses. Deripaska is now actively preparing the next step: reducing his stake in En+ (ENPLq.L), the group which controls Rusal, to a level where Washington would be willing to remove his businesses from its sanctions blacklist, three sources familiar with the discussions said. Deripaska and the biggest companies in his empire were included on a U.S. Treasury Department sanctions blacklist in April.

  • Reutersyesterday

    Sanctioned tycoon Deripaska resigns as director of his firm Rusal

    HONG KONG/ST PETERSBURG, Russia, May 25 (Reuters) - Russian metals tycoon Oleg Deripaska stepped down as a director of his aluminum firm Rusal as part of a choreographed series of steps which he hopes will persuade the U.S. government to rescind sanctions that have crippled his businesses. Deripaska is now actively preparing the next step: reducing his stake in En+, the group which controls Rusal, to a level where Washington would be willing to remove his businesses from its sanctions blacklist, three sources familiar with the discussions said. Deripaska and the biggest companies in his empire were included on a U.S. Treasury Department sanctions blacklist in April.

  • The Wall Street Journalyesterday

    [$$] Oleg Deripaska Quits Rusal's Board

    has resigned as company’s non-executive director with immediate effect. , resigned as president of Rusal earlier this year, but had remained on the board as a non-executive director. “In furtherance of the efforts that have been made by the management of the group to protect the interests of the company and its shareholders since the OFAC (U.S. Treasury’s Office of Foreign Assets Control) sanctions were imposed, Mr. Oleg Deripaska, non-executive director of the company, has tendered his resignation as a director of the company with effect from 25 May 2018,” Rusal said in a notice to the Hong Kong Exchanges.

  • Reutersyesterday

    Russia's VTB holds 9.6 percent in En+ after AnAn margin call - bank executive

    VTB (VTBR.MM), Russia’s second-largest lender, has increased its stake in sanctions-hit En+, which manages the aluminium and hydropower assets of businessman Oleg Deripaska, after making a margin call on one of En+’s minority shareholders, the bank’s first deputy chief executive said. VTB had financed the purchase of a 6.25 percent stake in En+ by Singapore's AnAn Group. Shares in En+ plummeted after Deripaska and his main businesses were included on a U.S. sanctions blacklist.

  • The Wall Street Journalyesterday

    [$$] Rusal CEO Quits Amid Pressure Over U.S. Sanctions

    Russian aluminum giant United Co. Rusal on Thursday said Chief Executive Alexandra Bouriko and seven board members resigned in an effort to help the company escape the Trump administration’s sanctions program. Rusal, one of the world’s largest aluminum producers, also warned its earnings would be hurt by the U.S. government’s action. Rusal has been under pressure since April when the U.S. hit the company and its main owner, billionaire Oleg Deripaska, with sanctions.

  • Financial Timesyesterday

    [$$] Deripaska resigns from board of sanctions-hit Rusal

    The Russian oligarch targeted by crippling US sanctions has resigned from the board of aluminium producer Rusal, in the latest move by the steel producer to distance itself from its maligned owner. Oleg Deripaska, whose business empire was hit by tough US sanctions in April, has resigned from the board of Rusal, the company said in a statement on Friday. The move comes a day after Rusal said its chief executive and seven directors had resigned – each had been appointed by Mr Deripaska or EN+, the aluminium producer’s majority owner that he controls.

  • Reutersyesterday

    Russia's Rusal says Deripaska resigns as director

    Russia's largest aluminium producer, United Company RUSAL Plc, said on Friday non-executive director Oleg Deripaska had resigned with effect from May 25. The statement came a day after the Russian aluminium giant said its chief executive and seven board members had quit, and warned it may have problems servicing its debt due to the impact of U.S. sanctions. The U.S. Treasury Department has given U.S. customers of the company until Oct. 23 to wind down business with Rusal, and said it would consider lifting the sanctions if Deripaska ceded control of the company.

  • Reutersyesterday

    Russia's Deripaska exploring share buyback to escape sanctions -sources

    Russian metals tycoon Oleg Deripaska is considering having his En+ group company buy some of his shares so his stake is below the controlling level, a manoeuvre he hopes will remove his firms from a U.S. sanctions list, according to three sources familiar with the discussions. Deripaska and the biggest companies in his empire were included on a U.S. Treasury Department sanctions blacklist in April.

  • Sanctions-hit tycoon Deripaska asks Kremlin to buy some of his aluminium - source
    Reuters2 days ago

    Sanctions-hit tycoon Deripaska asks Kremlin to buy some of his aluminium - source

    ST PETERSBURG, Russia/MOSCOW (Reuters) - Russian aluminium producer Rusal has asked the Russian government to purchase some of its output, a government source said on Thursday, in an effort to alleviate the pain inflicted by U.S. sanctions. Rusal, the world's second largest aluminium producer, also announced that its chief executive and seven board members had quit - part of a strategy it hopes will persuade Washington to lift the sanctions that have crippled its supply chain, cut it off from Western debt markets and scared off some of its customers. The United States announced sanctions on Rusal and its main shareholder Oleg Deripaska on April 6, preventing customers with U.S. exposure from continuing to buy Rusal's metal and sending aluminium prices to their highest in almost seven years amid fears of a supply shortage.

  • Sanctions-hit tycoon Deripaska asks Kremlin to buy some of his aluminium: source
    Reuters2 days ago

    Sanctions-hit tycoon Deripaska asks Kremlin to buy some of his aluminium: source

    ST PETERSBURG, Russia/MOSCOW (Reuters) - Russian aluminium producer Rusal has asked the Russian government to purchase some of its output, a government source said on Thursday, in an effort to alleviate the pain inflicted by U.S. sanctions. Rusal, the world's second largest aluminium producer, also announced that its chief executive and seven board members had quit - part of a strategy it hopes will persuade Washington to lift the sanctions that have crippled its supply chain, cut it off from Western debt markets and scared off some of its customers. The United States announced sanctions on Rusal and its main shareholder Oleg Deripaska on April 6, preventing customers with U.S. exposure from continuing to buy Rusal's metal and sending aluminium prices to their highest in almost seven years amid fears of a supply shortage.

  • Reuters2 days ago

    Oleg Deripaska asks Russian state to buy aluminum from Rusal: government source

    Russian tycoon Oleg Deripaska, major shareholder in aluminum producer Rusal, has asked the Russian government to start state purchases of aluminum from Rusal, a senior Russian government source said on Thursday. The United States announced sanctions on Deripaska and Rusal on April 6, preventing customers with U.S. exposure from continuing to buy Rusal's metal and sending aluminum prices to their highest in almost seven years amid fears of a supply shortage. The government source said Deripaska had also asked for state support for car maker GAZ and had applied for loans for Rusal from Promsvyazbank, a lender that has been taken over by the Russian central bank.

  • Reuters2 days ago

    Oleg Deripaska asks Russian state to buy aluminium from Rusal - government source

    Russian tycoon Oleg Deripaska, major shareholder in aluminium producer Rusal , has asked the Russian government to start state purchases of aluminium from Rusal, a senior Russian government source said on Thursday. The United States announced sanctions on Deripaska and Rusal on April 6, preventing customers with U.S. exposure from continuing to buy Rusal's metal and sending aluminium prices to their highest in almost seven years amid fears of a supply shortage.

  • Associated Press2 days ago

    CEO, board members quit Russian metals giant amid sanctions

    MOSCOW (AP) — Russian aluminum maker Rusal says its CEO and seven board members have quit, a move that comes as the company struggles to survive U.S. sanctions.

  • Reuters2 days ago

    Ukraine adds Russian tycoons and news agency RIA to sanctions list

    Ukraine has put Russian businessman Oleg Deripaska, whose company Rusal owns a large alumina plant in the country, and other prominent Russians on an expanded sanctions list, a document on the president's website showed on Thursday. It was not clear what effect the blacklisting would have as many Russian companies have already sought to wind up their Ukraine-linked activities due to earlier sanctions. Kiev first implemented sanctions against hundreds of Russian companies and entities after Moscow's annexation of Crimea in 2014 and over its support for a pro-Russian separatist uprising in eastern Ukraine.

  • Financial Times2 days ago

    [$$] Rusal chief executive and 7 directors resign

    Sanctions-hit Russian aluminium producer Rusal said its chief executive and seven directors had resigned, in an effort by the crisis-wracked company to distance itself from its oligarch owner Oleg Deripaska and win a reprieve from Washington. Rusal, the world’s largest aluminium producer outside China, has seen its market value more than halve since then, and the company has scrambled to find ways to continue doing business as directors, customers and investors have cut ties. Purging the company of individuals linked with Mr Deripaska to demonstrate that he no longer controls the company is part of a plan to have the sanctions eased, people close to the company told the Financial Times, in a race against time before an October deadline.

  • Reuters2 days ago

    Russia's Sberbank CEO says higher provisions would threaten banks and economy

    A central bank proposal that banks make higher provisions to cover loans for mergers and acquisitions could hurt the banking sector and the economy, German Gref, chief executive of Russia's largest bank Sberbank, told Reuters. After bailing out three large private banks last year, the central bank has proposed the industry sets aside higher provisions for loans underpinning M&A deals than if the funds are for business development. At the time of the bailouts, the central bank said acquisitions and deals linked to the failed banks' owners were one of the reasons for the problems experienced by Otkritie, B&N and Promsvyazbank.

  • The Wall Street Journal2 days ago

    [$$] Rusal: Business and Financial Channel Affected by U.S. Sanctions

    PLC (0486.HK) Thursday said its business and financing channels have been affected by a sanctions announcement made by the U.S. Treasury last month. The giant Russian aluminum maker said a “significant number of counterparties” have raised concerns and said they are likely to discontinue any existing contracts after Oct. 23 unless U.S. sanctions are lifted or a new license is granted by the U.S. government to the company. Meanwhile, some of financial institutions have limited processing of payments for or on behalf of the companies of the Group, Rusal added.

  • Reuters2 days ago

    Exclusive - Rusal resumes shipments of aluminium to some customers

    United Company Rusal resumed shipping aluminium to some customers last week following an extension of the deadline for companies to wind down contracts with the Russian firm under U.S. sanctions, sources said. The U.S. Treasury Department moved its deadline for U.S. consumers to wind down business with Rusal to Oct. 23 from June 5 previously and said it would consider lifting sanctions if Rusal's major shareholder, Russian tycoon Oleg Deripaska, ceded control of the company. "Aluminium is being shipped.